Monday 27 October 2014The Independent Pricing and Regulatory Tribunal (IPART) is seeking comment from ferry operators and passengers on proposed new maximum fares for private ferries across NSW and the Stockton Ferry in Newcastle to apply in 2015.
IPART recommends maximum fares for regular private ferry services in New South Wales under Section 9 of the Independent Pricing and Regulatory Tribunal Act. IPART also determines maximum fares for the Stockton ferry under Section 11 of this act.
The Tribunal is required to report to the Minister by 31 October each year on licence compliance by water network and retail suppliers. The report is publicly released after being tabled in Parliament.